Point72 DIFC Ltd Takes $179,000 Position in Insperity, Inc. (NYSE:NSP)

Point72 DIFC Ltd acquired a new position in shares of Insperity, Inc. (NYSE:NSP) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 1,961 shares of the business services provider’s stock, valued at approximately $179,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of NSP. Janney Montgomery Scott LLC raised its holdings in shares of Insperity by 5.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 4,052 shares of the business services provider’s stock worth $475,000 after acquiring an additional 227 shares during the last quarter. Capstone Investment Advisors LLC acquired a new position in Insperity in the 4th quarter valued at about $224,000. First Trust Advisors LP lifted its holdings in Insperity by 23.2% in the 4th quarter. First Trust Advisors LP now owns 227,749 shares of the business services provider’s stock valued at $26,697,000 after purchasing an additional 42,949 shares in the last quarter. Sunriver Management LLC boosted its stake in shares of Insperity by 23.4% during the 4th quarter. Sunriver Management LLC now owns 226,192 shares of the business services provider’s stock worth $26,514,000 after purchasing an additional 42,869 shares during the last quarter. Finally, Personal CFO Solutions LLC grew its holdings in shares of Insperity by 5.2% during the fourth quarter. Personal CFO Solutions LLC now owns 3,406 shares of the business services provider’s stock worth $399,000 after buying an additional 169 shares in the last quarter. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Analyst Ratings Changes

Separately, William Blair downgraded shares of Insperity from an “outperform” rating to a “market perform” rating in a research note on Tuesday.

Insider Buying and Selling

In related news, CEO Paul J. Sarvadi sold 16,123 shares of the stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $92.23, for a total value of $1,487,024.29. Following the completion of the sale, the chief executive officer now directly owns 509,129 shares in the company, valued at approximately $46,956,967.67. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 5.50% of the company’s stock.

Insperity Stock Performance

NYSE NSP opened at $86.99 on Friday. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 2.60. The company has a market capitalization of $3.28 billion, a PE ratio of 21.27, a price-to-earnings-growth ratio of 2.50 and a beta of 1.12. The business’s 50-day moving average price is $92.91 and its 200 day moving average price is $97.60. Insperity, Inc. has a twelve month low of $84.78 and a twelve month high of $119.40.

Insperity (NYSE:NSP) last released its earnings results on Thursday, August 1st. The business services provider reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.14. The firm had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.62 billion. Insperity had a net margin of 2.46% and a return on equity of 138.16%. Insperity’s revenue was up 1.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.33 earnings per share. On average, research analysts predict that Insperity, Inc. will post 2.43 earnings per share for the current year.

Insperity Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th were paid a dividend of $0.60 per share. The ex-dividend date was Thursday, September 5th. This represents a $2.40 annualized dividend and a yield of 2.76%. Insperity’s dividend payout ratio is presently 58.68%.

Insperity Profile

Insperity, Inc engages in the provision of human resources (HR) and business solutions to improve business performance for small and medium-sized businesses primarily in the United States. It offers its HR services through its workforce optimization and workforce synchronization solutions that include a range of human resources functions, such as payroll and employment administration, employee benefits, workers' compensation, government compliance, performance management, and training and development services.